上市公司吸收合并中股東權(quán)益保護(hù)問(wèn)題之研究—從TCL吸收合并案談起.pdf

1、對(duì)外經(jīng)濟(jì)貿(mào)易大學(xué)碩士學(xué)位論文上市公司吸收合并中股東權(quán)益保護(hù)問(wèn)題之研究—從TCL吸收合并案談起姓名：李紀(jì)恩申請(qǐng)學(xué)位級(jí)別：碩士專(zhuān)業(yè)：國(guó)際法學(xué)指導(dǎo)教師：唐麗子20040201AbstractMergerisanimptantmeansbywhichthereganizationofenterpriseshappenswhichenjoycertainuniquemerits.Listedcpationshaveshowedapreferenc

2、efmergerasthemeansofreganizationoutstingexamplesincludethatTsinghuaTongfanghasLunyinElectronicsmergedTCLGrouphasTCLCommunications.HowevervisvisthemarketpracticeinChinathelegalregimefcpationmergeisfarfrombeingabletomeetth

3、edem.Thisissueisparticularlyacuteincaseswherelistedcpationsthemselvesaremergedinthatlawfailstooffermeaningfullegalprotectionfsmallinvestswhoseinterestsmaybeharmedbythecontrollingshareholdersotherinterestedparties.Smallin

4、vestsarethefoundationftheprosperityofsecuritiesmarket.Theprotectionofsmallinvestscarriesheavyweightfthehealthydevelopmentofsecuritiesmarketfthecontinuedconfidenceofsmallinvestsonthemarket.Thispaperaimstoofferaninsightint

5、otheprotectionofshareholders’rightsinthemergeroflistedcpations.Thefirstchapteroffersanaccountofcpationmergerincludingitsdefinitionspecificmeanslegalattributestherelationsofshareholders’rightsetc.Thechaptergoesfurthertoan

6、alyzetherelationsbetweenconsolidationmergertheirrespectivemeritsdemerits.Thesecondchaptercentersaroundtheprotectionofshareholders’rightdiscussesthefiduciarydutiesofdirectscontrollingshareholders.Thischapterparticularlyfo

7、cusesaroundthefiduciarydutyintheprocessofmerger.ThethirdchapterdiscussesthestatusquooftheprotectionofshareholdersinChinaslistedcpationsintermsofbothlegislaturejudiciaryperspectives.Fexamplecontrollingshareholdersoftenocc

8、upyadisproptionatelystrongpositioninlistedcpations.Theshareholdersofsharesincirculationaretoodispersedtherearephenomenaofinsiderscontrol.Throughanalysissmallinvestsinlistedcpationsareataweakpositionfulllegalprotectionsha

9、llbeprovidedf.OnthebasisofChinasparticularcircumstancesChinashoulddrawupontheexperienceofotherfeigncountriessoastoachieveawelldefinedlegalframewkftheprotectionofshareholdersinterestsintheprocessofmergerinvolvinglistedcpa

10、tions.Thusinchapter4ofthispaperthisauthdiscussesindetailhowtoprovidefthefiduciarydutiesofdirectscontrollingshareholderstohowtoprovidefthevotingrightsappraisalrightsderivativesuitsofshareholders.Thisauthgoesfurthertooffer